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Cash $ 1 , 0 0 0 , 0 0 0 Accounts payable $ 1 , 2 0 0 , 0 0 0 Sales $
Cash $ Accounts payable $ Sales $
Accounts receivable Accruals Cost of goods sold
Inventory Notes payable Gross profit
Current assets Current liabilities Operating expenses
Longterm debt EBIT
Total liabilities Interest expense
Common stock EBT
Net fixed assets Retained earnings Taxes
Total equity Net income $
Total assets $ Total debt and equity $
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